Trusted Insighthttp://thetrustedinsight.com/2017-08-17T21:16:03-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Japanese Investment Firm Unizo In Negotiations To Buy 685 Third Ave. From Company Formerly Known As Tiaa Cref | Crain's New York Business
2017-08-17T21:16:03-04:00https://www.thetrustedinsight.com/investment-news/japanese-investment-firm-unizo-in-negotiations-to-buy-685-third-ave-from-company-formerly-known-as-tiaa-cref-crains-new-york-business-20170817758/
A Japanese real estate investment firm is in advanced negotiations to acquire 685 Third Ave., sources said.Â
Tokyo-based Unizo Holdings Co.Â is arranging to pay around $700 per square foot...
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685 Third Avenue | Unizo Holdings | Th Real Estate
2017-08-17T19:11:05-04:00https://www.thetrustedinsight.com/investment-news/685-third-avenue-unizo-holdings-th-real-estate-20170817749/
Unizo Holdings Company is in advanced talks to buy the 27-story Midtown office building at 685 Third Avenue at a price somewhere around $450 million. The Japanese investment firm is negotiating to acquire the building from TH Real Estate, the real estate arm of the investment firm formerly known as TIAA-CREF, for roughly $700 per square foot, Crainâs reported. That works out to a purchase price of approximately $450 million for the 646,422-square-foot tower. A [âŚ]
Argentine Investors Pay $8M For Kendall Area Office Building
2017-08-17T17:56:03-04:00https://www.thetrustedinsight.com/investment-news/argentine-investors-pay-8m-for-kendall-area-office-building-20170817720/
UPDATED August 14th, 10:30 a.m.: An Argentine investment group just paid $7.9 million for an office building in the Kendall submarket, according to a press release. Miami-based Metro Capital Partners, led by Juan M. Martinez, sold the 39,069-square-foot Tamiami Metro building at 13595 Southwest 134th Avenue for about $184 per square foot. The buyer, Tamiami Metro USA LLC, is led by Fabian Tutundjian, Claudio Serafin Tutundjian and PatriciaÂ Tutundjian, according to records. Metro Capital Partners bought ... [more]
Jv Buys Into Suburban Dc Office Complex
2017-08-17T17:46:06-04:00https://www.thetrustedinsight.com/investment-news/jv-buys-into-suburban-dc-office-complex-20170817712/
The Pinkard Group and Principal Real Estate Investors joined forces to acquire a 193,000-square-foot Class A office building located within the 94-acre mixed-use Worldgate complex in Herndon, Va.
Tishman Speyer Shops Midtown Office Building
2017-08-17T15:26:07-04:00https://www.thetrustedinsight.com/investment-news/tishman-speyer-shops-midtown-office-building-20170817570/
Tishman Speyer and Cogswell Realty are shopping their Midtown office building on Madison Avenue, a property valued at roughly $255 million. The companies are selling 183 Madison Avenue, a 274,000-square-foot Art Deco building at East 34th Street and Madison Avenue, Real Estate Alert reported. Tishman and Cogswell bought the building in 2014 for $185 million from Argentinian investment company IRSA. The building is 88 percent leased, according to CoStar, and has an estimated value of [âŚ]
China's Property Investments Slow As Curbs Continue To Bite
2017-08-17T10:26:43-04:00https://www.thetrustedinsight.com/investment-news/chinas-property-investments-slow-as-curbs-continue-to-bite-20170817498/
<p data-reactid="40">China&#39;s real estate investment growth slowed in July, as official curbs continued to cool an overheated property market, reinforcing expectations of further slowing in second-half 2017.&nbsp;A rampant property boom that has spread since late 2015 from China&#39;s biggest cities to smaller centres has prompted Chinese authorities to impose a range of measures to deflate the housing bubble as financial risks accumulated.</p>
Bigger Is Better When It Comes To Office Properties
2017-08-17T10:20:05-04:00https://www.thetrustedinsight.com/investment-news/bigger-is-better-when-it-comes-to-office-properties-20170817497/
Data from index-provider MSCI showed that large office buildings outperformed smaller peers in 17 out of the last 18 years,&nbsp;according to a report in&nbsp;<em>The Real Deal</em>. The firm looked at office properties worth less than $200 million, and found that buildings worth more than that amount offered greater returns every year except 2016. Larger profits in this asset class may be possible because there are a limited number of firms who can afford to compete.
China Life Commits $1B Real Estate Deal With PE Firm
2017-05-26T12:21:22-04:00https://www.thetrustedinsight.com/investment-news/china-life-commits-1b-real-estate-deal-with-pe-firm-20170526879/
China Life Insurance Group&nbsp;has invested in U.S. real estate before, but the insurer&rsquo;s nearly $1 billion deal this week with Clayton-based&nbsp;ElmTree Funds LLC&nbsp;was a further sign of increasing investor appetite for properties beyond the hottest U.S. cities. The deal is a sign of growing interest by property investors in markets like St. Louis.
Abu Dhabi Fund Plans $1.7B Paris Properties Sale
2017-05-18T11:12:16-04:00https://www.thetrustedinsight.com/investment-news/abu-dhabi-fund-plans-17b-paris-properties-sale-20170518631/
The Abu Dhabi Investment Authority, one of the world&rsquo;s largest sovereign-wealth funds, is seeking offers for Paris office buildings valued at 1.5 billion euros ($1.7 billion) to cash in on increased investor appetite for French assets, according to three people with knowledge of the matter. ADIA, as the fund is known, hired broker Cushman &amp; Wakefield Inc. to market&nbsp;the properties, the people said, asking not to be identified because any deal would be private. The portfolio comprises 6-8 Boulevard Haussmann, a 24,000 square-meter (258,300 square-foot) office building leased to French bank BPI France,&nbsp;as well as a building in the La...
M7 Real Estate Invests €55M In Dutch Real Estate Assets
2017-05-16T18:41:04-04:00https://www.thetrustedinsight.com/investment-news/m7-real-estate-invests-55m-in-dutch-real-estate-assets-20170516568/
<p><a class="intextlink" href="http://hub.ipe.com/m7-real-estate-ltd-homepage/415583.supplier" rel="intextlink_0">M7</a>&nbsp;Real Estate has invested &euro;55m in 15 Dutch property assets on behalf of M7 European Real Estate Investment Partners IV.</p>
<p>It made five separate transactions, the largest of which was the acquisition of a portfolio for &euro;38.3 million.&nbsp;</p>
JV Lands $43M Charlotte Retail Center
2017-05-12T16:31:03-04:00https://www.thetrustedinsight.com/investment-news/jv-lands-43m-charlotte-retail-center-20170512469/
American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.
Chandler Industrial Asset Changes Hands
2017-05-12T16:26:04-04:00https://www.thetrustedinsight.com/investment-news/chandler-industrial-asset-changes-hands-20170512468/
NGKF&#39;s Executive Managing Director Jerry Jacobs and Associate Joe Vale represented the buyer, who paid $2.2 million for the 17,149-square-foot Class A industrial building.
Kushners Abandon Property Bid As Pressures Mount Over Conflicts
2017-05-12T16:00:55-04:00https://www.thetrustedinsight.com/investment-news/kushners-abandon-property-bid-as-pressures-mount-over-conflicts-20170512462/
Kushner Cos. had been the leading bidder for the 95-acre formerly contaminated site known as Bayfront, which is co-owned by Honeywell and Jersey City.
Kayne Anderson Snags Sentio Investments For $825M
2017-05-09T17:06:06-04:00https://www.thetrustedinsight.com/investment-news/kayne-anderson-snags-sentio-investments-for-825m-20170509362/
Under the terms of the agreement, the company will acquire a the outstanding shares in an all-cash transaction. Assets include include senior housing communities, as well as medical office buildings, in 16 states.
Union Investment Snaps Up $154M Denver Asset
2017-05-09T16:51:06-04:00https://www.thetrustedinsight.com/investment-news/union-investment-snaps-up-154m-denver-asset-20170509359/
The Triangle Building, a 226,000-square-foot, uniquely-shaped Class A office property in lower downtown was 98 percent leased at the time of sale.
Greystar Pays $19.5M For Downtown Fort Lauderdale Office Building, Plans High-rise Rental Tower
2017-05-05T14:36:05-04:00https://www.thetrustedinsight.com/investment-news/greystar-pays-195m-for-downtown-fort-lauderdale-office-building-plans-high-rise-rental-tower-20170505235/
Greystar just paid $19.5 million for an office building in downtown Fort Lauderdale, with plans to develop a high-rise multifamily tower, The Real Deal has learned. The 1.92-acre property, at 790 East Broward Boulevard, encompasses three separate parcels, including a nearly 26,000-square-foot building, parking lot and five-lane drive-through teller. The building&acirc;s main tenant is Chase Bank. Fort Lauderdale-based Stiles Corp. was the seller.&Acirc;&nbsp;Cushman &amp; Wakefield Vice Chairman Robert Given and Zachary Sackley represented a partnership ... [more]
Blackstone Expected To Clinch Australian AUD600M Office Portfolio Deal
2017-05-05T12:57:19-04:00https://www.thetrustedinsight.com/investment-news/blackstone-expected-to-clinch-australian-aud600m-office-portfolio-deal-20170505208/
Blackstone is also currently selling its AUD3.5 billion retail portfolio in Australia
Kayne Anderson To Buy Sentio Healthcare Properties
2017-05-05T12:56:05-04:00https://www.thetrustedinsight.com/investment-news/kayne-anderson-to-buy-sentio-healthcare-properties-20170505207/
In a merger that brings together two Florida real estate investment firms, Boca Raton-based Kayne Anderson Real Estate Advisors&Acirc;&nbsp;said Thursday that has agreed to acquire Sentio Healthcare Properties. The all-cash deal has an estimated total asset value of $825 million. Kayne Anderson, the real estate private equity arm of Kayne Anderson Capital Advisors, invests in off-campus student housing, senior housing and medical office buildings. Publicly-traded real estate investment trust Sentio, based in Orlando, has a ... [more]
Two DC Office Buildings Sell For $259M
2017-05-04T11:41:04-04:00https://www.thetrustedinsight.com/investment-news/two-dc-office-buildings-sell-for-259m-20170504163/
Westbrook Partners and TIER REIT sold the two buildings to UNIZO Holdings after completing significant repositionings of the builidings. The transaction reflects TIER REIT&#39;s continuing strategy of exiting non-target markets.
EMMES Nabs OC Towers In $220M Value-Add Deal
2017-05-04T10:46:06-04:00https://www.thetrustedinsight.com/investment-news/emmes-nabs-oc-towers-in-220m-value-add-deal-20170504155/
The property marks the firm&#39;s third acquisition in the Orange County market, although the company exited the region in 2015, when it sold 4000 MacArthur in Newport Beach.
Southern African Firm Plans $100M On Dubai Property Picks
2017-05-03T16:16:03-04:00https://www.thetrustedinsight.com/investment-news/southern-african-firm-plans-100m-on-dubai-property-picks-20170503127/
Turnstar completes its first deal for an office building and is gunning for more
HTA Shells Out $2.8B For Duke Realty Portfolio
2017-05-02T16:23:03-04:00https://www.thetrustedinsight.com/investment-news/hta-shells-out-28b-for-duke-realty-portfolio-20170502069/
The nation&#39;s largest owner and operator of medical office buildings will become even larger with the acquisition of 78 health care properties totaling 6.1 million square feet.
Terreno Adds 126 KSF Industrial Asset To Its NJ Portfolio
2017-04-27T12:56:04-04:00https://www.thetrustedinsight.com/investment-news/terreno-adds-126-ksf-industrial-asset-to-its-nj-portfolio-20170427961/
Terreno Realty Corp. recently acquired an industrial building that currently serves as corporate headquarters for DermaRite Industries LLC. The asset traded at a 5.3 percent cap rate.
Rockpoint Group Pays $155M For 1221 Brickell Office Tower
2017-04-27T12:46:04-04:00https://www.thetrustedinsight.com/investment-news/rockpoint-group-pays-155m-for-1221-brickell-office-tower-20170427954/
Rockpoint Group just paid $155 million for 1221 Brickell, a 27-story office tower in Miami&acirc;s financial district, a newly recorded deed shows. The seller is the Blackstone Group, which owned the property through its Equity Office portfolio. Records show the firm&Acirc;&nbsp;paid $107.3 million for the building at 1221 Brickell Avenue in 2006 (It paid a total of $39 billion in debt and equity for the entire portfolio). The tower at 1221 Brickell was built in ... [more]
Strip Club Owner/real Estate Investor Barry Lipsitz Buys Two Tribeca Office Buildings For $25M
2017-04-27T11:56:04-04:00https://www.thetrustedinsight.com/investment-news/strip-club-ownerreal-estate-investor-barry-lipsitz-buys-two-tribeca-office-buildings-for-25m-20170427942/
Cape Advisors sold a pair of small buildings on Murray Street in Tribeca to strip club owner and real estate investor Barry Lipsitz for $25 million, according to records filed with the city Tuesday. The two-story buildings at 57 and 59 Murray Street are part of a six-building assemblage at 57-61 Murray Street, which has an alternative address of 75 West Broadway, according to PropertyShark. Cape Advisors paid $50 million for the collection in 2015, [&acirc;Ś]
L&L, PGIM Real Estate Asking $200M For Chelsea Office Buildings
2017-04-27T11:36:06-04:00https://www.thetrustedinsight.com/investment-news/ll-pgim-real-estate-asking-200m-for-chelsea-office-buildings-20170427936/
L&amp;L Holding Company and PGIM Real Estate are looking to sell three interconnected Chelsea office buildings, sources told The Real Deal. The firms have owned the buildings at 511-541 West 25th Street, between 10th and 11th avenues, for almost three years. They bought them from the Related Companies for $160 million in 2014. Sources said L&amp;L and PGIM, the asset management arm of Prudential Financial, are seeking about $200 million, or $1,000 per square foot, [&acirc;Ś]
BF Group Buys Property Near Merrick Park, Plans Mixed-use Office Building
2017-04-27T11:31:04-04:00https://www.thetrustedinsight.com/investment-news/bf-group-buys-property-near-merrick-park-plans-mixed-use-office-building-20170427935/
BF Group paid $7 million for a development site in Coral Gables, where the firm plans to build a 10-story mixed-use office building. The company, led by partners&nbsp;Jose Boschetti, Rene Brillembourg and Carlos Acosta, bought the 20,000-square-foot&nbsp;property&nbsp;4311 Ponce de Leon Boulevard, Boschetti told The Real Deal. The deal breaks down to about $350 per square foot for the land,&nbsp;which is&nbsp;across the street from the Shops at Merrick Park. Property records show 4311 Ponce de Leon ... [more]
Tata To Invest Sh15B In Kenya And TZ Real Estate
2017-04-20T12:19:19-04:00https://www.thetrustedinsight.com/investment-news/tata-to-invest-sh15b-in-kenya-and-tz-real-estate-20170420748/
Listed Indian firm Tata Housing Development Company has announced plans to raise Sh15 billion for residential and commercial properties in major towns in Kenya, Tanzania and other countries.
China's First-quarter Property Investment Accelerates, Defying Curbs
2017-04-17T16:41:04-04:00https://www.thetrustedinsight.com/investment-news/chinas-first-quarter-property-investment-accelerates-defying-curbs-20170417642/
Real estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite intensified government cooling measures. Growth in property investment, which includes residential, commercial and office spaces, accelerated to 9.1 percent from 8.9 percent in the first two months of 2017, the National Bureau of Statistics (NBS) said on Monday. In March alone, property investment growth rose to 9.4 percent, a Reuters&#39; calculation based on NBS data showed.
Blackstone To Reach €7.5B In June For European Opportunity Fund
2017-04-14T16:26:17-04:00https://www.thetrustedinsight.com/investment-news/blackstone-to-reach-75b-in-june-for-european-opportunity-fund-20170414601/
<p>The Blackstone Group expects to reach a final close in June for its latest European opportunistic real estate fund in June, hitting its &lsquo;hard cap&rsquo; of &euro;7.5bn.</p>
Manulife Real Estate Buys S'pore Office Building For US$526M
2017-04-13T11:08:06-04:00https://www.thetrustedinsight.com/investment-news/manulife-real-estate-buys-spore-office-building-for-us526m-20170413534/
MANULIFE Real Estate, the global real estate arm of Manulife Financial Corp, said on Tuesday it acquired 8 Cross Street, a 28-storey office tower in Singapore, for US$526 million.
Skanska To Develop $151M Houston High-Rise
2017-04-13T10:46:04-04:00https://www.thetrustedinsight.com/investment-news/skanska-to-develop-151m-houston-high-rise-20170413527/
The 35-story tower will consist of approximately 780,000 square feet of office space, with nearly 26,000 square feet of retail.
Amundi Buys Atrium Office Complex In Amsterdam
2017-04-12T17:11:05-04:00https://www.thetrustedinsight.com/investment-news/amundi-buys-atrium-office-complex-in-amsterdam-20170412516/
<p>The Atrium, which is due for completion later this year, was sold by Icon Real Estate for an undisclosed amount.</p>
Lincoln Property And Long Wharf Capital Buy California Office Tower
2017-04-12T16:51:05-04:00https://www.thetrustedinsight.com/investment-news/lincoln-property-and-long-wharf-capital-buy-california-office-tower-20170412512/
Lincoln Property Company and Long Wharf Capital have acquired a Glendale, California-based eight-story office tower. No financial terms were disclosed. LOS ANGELES&ndash;(BUSINESS WIRE)&ndash;Lincoln Property Company and partner Long Wharf Capital have acquired 520 N. Central Avenue, an 8-story office building in the heart of Glendale&rsquo;s downtown area, with plans to renovate and reposition the property over the next several months. The renovation is being led by LPC West&mdash;Lincoln Property Company&rsquo;s West Coast arm which recently announced a significant expansion of its operation. The 96,140 square-foot Glendale office tower was constructed in 1985, and is currently home to tenants including North...
Co-owner Of Kushner's New York Flagship Property Willing To Sell
2017-04-11T18:21:06-04:00https://www.thetrustedinsight.com/investment-news/co-owner-of-kushners-new-york-flagship-property-willing-to-sell-20170411478/
Efforts to breathe new life into an ageing Manhattan office building that is the flagship property of the family of President Donald Trump&#39;s son-in-law has gained a green light after a partial owner of the building
PE Investors Infuse $3.4B In Real Estate Sector In March Quarter
2017-04-11T18:03:10-04:00https://www.thetrustedinsight.com/investment-news/pe-investors-infuse-34b-in-real-estate-sector-in-march-quarter-20170411472/
This year has also started with a bang as real estate companies and projects attracted 19 investments totaling an announced value of $3.41 billion in the first quarter
VN Real Estate MA Growth Continues
2017-04-10T17:51:11-04:00https://www.thetrustedinsight.com/investment-news/vn-real-estate-ma-growth-continues-20170410411/
&nbsp;The number of mergers and acquisitions (M&amp;A) in Vietnam&#39;s real estate market will continue growing this year and beyond, according to Savills Vietnam.
AEW Europe Funds Invest In Brussels And Bristol Office Markets
2017-04-10T17:46:04-04:00https://www.thetrustedinsight.com/investment-news/aew-europe-funds-invest-in-brussels-and-bristol-office-markets-20170410408/
NAMI&ndash;AEW Europe has bought an office building in Brussels for &euro;54m on behalf of its OPCI&nbsp;Franceurope&nbsp;Immo fund.
Roxy-Pacific Finds Buyers For Sydney Office Building For A$158m
2017-04-10T16:58:06-04:00https://www.thetrustedinsight.com/investment-news/roxy-pacific-finds-buyers-for-sydney-office-building-for-a158m-20170410393/
ROXY-PACIFIC Holdings on Monday announced that its subsidiary, Roxy-Pacific Goulburn, has signed a heads of agreement with investment firm I-Prosperity Group and private firm Toga D&amp;C to sell them its freehold office building at 59 Goulburn Street in Sydney, Australia.
Historic Buena Vista Post Office Building In Miami’s Design District Sells For $8.1M
2017-04-06T12:31:04-04:00https://www.thetrustedinsight.com/investment-news/historic-buena-vista-post-office-building-in-miamis-design-district-sells-for-81m-20170406283/
The historic Buena Vista Post Office building in Miami&rsquo;s Design District just sold for $8.125 million, marking a near-record price per square foot in the redeveloping neighborhood, The Real Deal has learned. The 2,287-square foot building at 4000 Northeast Second Avenue, which was the former site of the Billionaire clothing store, sold for&nbsp;$3,553 per square foot to a New York-based investment group that represents foreign investors,&nbsp;Chariff Realty Group President Lyle Chariff told TRD. The buyers ... [more]
Brookfield Snaps Up $855M Portfolio
2017-04-06T12:26:04-04:00https://www.thetrustedinsight.com/investment-news/brookfield-snaps-up-855m-portfolio-20170406282/
The company has expanded in 12 states with the acquisition of a mix of high-quality industrial and office properties totaling 8.6 million square feet.
P3RE Aquires BroadAcres Office Park For $32M
2017-04-05T15:06:06-04:00https://www.thetrustedinsight.com/investment-news/p3re-aquires-broadacres-office-park-for-32m-20170405221/
Meridian Capital Group secured financing for the company and Cushman &amp; Wakefield represented the Bloomfield, N.J.-based seller, Prism Capital Partners.
Blackstone To Sell $2.7B Australian Mall Portfolio
2017-04-05T14:56:01-04:00https://www.thetrustedinsight.com/investment-news/blackstone-to-sell-27b-australian-mall-portfolio-20170405218/
The source, who saw the termsheet for the sale, said that UBS and JPMorgan were mandated to run the sale, along with real estate agent Jones Lang LaSalle (JLL)
China’s Aqualand Takes Aim At $128 Mil Office Tower For Latest Sydney Deal
2017-04-04T17:06:06-04:00https://www.thetrustedinsight.com/investment-news/chinas-aqualand-takes-aim-at-128-mil-office-tower-for-latest-sydney-deal-20170404187/
Continuing on its North Sydney spending spree, Chinese-backed developer Aqualand is said to have entered into a conditional agreement to buy the 19-storey Fujitsu Centre from local developer Denwol Group for around A$168 million ($128 million), pending the government-owned RailCorp&rsquo;s...
HFF’s Two-Fer In $368M NJ Office Deal
2017-04-04T17:01:06-04:00https://www.thetrustedinsight.com/investment-news/hffs-two-fer-in-368m-nj-office-deal-20170404184/
Working on behalf of Mack-Cali Realty, the firm arranged the record-breaking sale and procured financing for three of the six buildings included in the 1.1 million-square-foot disposition.
Meridian And Eightfold Acquire Beaumont Business Center
2017-04-04T16:36:05-04:00https://www.thetrustedinsight.com/investment-news/meridian-and-eightfold-acquire-beaumont-business-center-20170404179/
Dockerty Romer &amp; Co. has arranged a $7.4 million joint-venture equity for the acquisition of Beaumont Business Center.
Odyssey Real Estate Capital Acquires Las Vegas Suburban Office Property
2017-04-04T16:21:06-04:00https://www.thetrustedinsight.com/investment-news/odyssey-real-estate-capital-acquires-las-vegas-suburban-office-property-20170404175/
Odyssey Real Estate Capital has acquired 7251 West Lake Mead Boulevard, a suburban office building at City Center West in Las Vegas. No financial terms were disclosed. Odyssey Real Estate Capital, a Las Vegas-based real estate investment firm, is pleased to announce its acquisition of 7251 West Lake Mead Boulevard, one of two identical buildings at City Center West. The City Center West campus is a 212,000-square-foot class A suburban office property, conveniently located at the U.S. Route 95&rsquo;S Lake Mead exit in Las Vegas, Nevada. Odyssey has capitalized this venture with monies to remodel all of the vacant units...
Chinese Conglomerate HNA Exploring Sale Of 1180 Avenue Of The Americas
2017-03-31T15:26:05-04:00https://www.thetrustedinsight.com/investment-news/chinese-conglomerate-hna-exploring-sale-of-1180-avenue-of-the-americas-20170331080/
NEW YORK, March 30, 2017 /PRNewswire/ -- HNA Property Holdings LLC, a real estate investment and management subsidiary of HNA Group, is planning to sell its interest in 1180 Avenue of the Americas (1180). 1180, located in the Sixth Avenue Corridor of New York City&#39;s Midtown...
Commercial Real Estate Is The Surprising Winner From The 'Trumpcare' Debacle
2017-03-30T10:38:14-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-is-the-surprising-winner-from-the-trumpcare-debacle-20170330004/
When the effort in Congress to pass a health-care bill &ndash; the American Health Care Act, designed to replace the much maligned Affordable Care Act &ndash; failed on Friday, the thing that wasn&rsquo;t supposed to happen happened: The industry that had whined for years about this, that, and the other in the Obamacare law, breathed a huge sigh of relief.
Origin Investments Acquires Keystone 100
2017-03-28T17:51:05-04:00https://www.thetrustedinsight.com/investment-news/origin-investments-acquires-keystone-100-20170328953/
The property is located in the vicinity of Research Triangle Park and numerous academic institutions.
American Assets To Acquire $232M SoCal Community
2017-03-28T17:46:04-04:00https://www.thetrustedinsight.com/investment-news/american-assets-to-acquire-232m-socal-community-20170328952/
The 533-unit luxury property in San Diego is 97 percent occupied.
Washington REIT To Buy Watergate Building
2017-03-28T17:41:04-04:00https://www.thetrustedinsight.com/investment-news/washington-reit-to-buy-watergate-building-20170328950/
The acquisition of the 12-story, 309,000-square-foot Class A office tower is expected to close in April.
TH Real Estate Acquires SF SoMa Office
2017-03-28T17:36:06-04:00https://www.thetrustedinsight.com/investment-news/th-real-estate-acquires-sf-soma-office-20170328948/
The 59,868-square-foot-office building is a 1912 warehouse that was converted into office in 1983.
Hines Continues European Retail-Investment Spree
2017-03-24T16:26:04-04:00https://www.thetrustedinsight.com/investment-news/hines-continues-european-retail-investment-spree-20170324845/
The company has acquired two retail assets in Madrid and Barcelona on behalf of the Germany&acirc;s largest pension group.
Blackstone Sells Columbus Office Portfolio
2017-03-24T16:21:05-04:00https://www.thetrustedinsight.com/investment-news/blackstone-sells-columbus-office-portfolio-20170324842/
This deal marks the largest suburban office portfolio transaction in the metro in more than five years.
Singapore: CapitaLand, BlackRock In Talks For Asia Square Tower 2
2017-03-22T10:46:05-04:00https://www.thetrustedinsight.com/investment-news/singapore-capitaland-blackrock-in-talks-for-asia-square-tower-2-20170322740/
Singapore&rsquo;s largest developer CapitaLand is in exclusive talks to acquire the Asia Square Tower 2 in Singapore&rsquo;s Marina Bay from top global asset manager BlackRock Real Estate Fund III, the Mingtiandi reported
CapitaLand And BlackRock Said In Exclusive Talks For Singapore’s Asia Square 2
2017-03-21T17:35:10-04:00https://www.thetrustedinsight.com/investment-news/capitaland-and-blackrock-said-in-exclusive-talks-for-singapores-asia-square-2-20170321726/
Singapore&rsquo;s CapitaLand is in exclusive talks to acquire the 1,220,000 square&nbsp;foot (113,350 square metre) Asia Square Tower 2 in Singapore&rsquo;s Marina Bay from BlackRock Real Estate Fund III, according to sources familiar with the transaction.&nbsp;
India To Attract $4.2B Global Investment
2017-03-21T17:34:06-04:00https://www.thetrustedinsight.com/investment-news/india-to-attract-42b-global-investment-20170321725/
With India emerging as a preferred investment destination, the country is expected to witness nearly $4.2 billion new capital in the realty sector in 2017, says Cushman &amp; Wakefield. The post India to attract $4.2 billion global investment:&Acirc;&nbsp;Report appeared first on The Financial Express.
Walton Street Raises $900M For Real Estate Fund
2017-03-16T11:26:12-04:00https://www.thetrustedinsight.com/investment-news/walton-street-raises-900m-for-real-estate-fund-20170316547/
Pension fund shows $300m more of commitments are in process.
Allianz Real Estate Plans To Expand UK Debt Investments
2017-03-15T18:26:04-04:00https://www.thetrustedinsight.com/investment-news/allianz-real-estate-plans-to-expand-uk-debt-investments-20170315521/
&nbsp;Allianz Real Estate is planning to increase its debt investments in the UK, following its participation in the financing of London office tower.
<p>The property of arm of German insurer Allianz said it will focus on lending to buyers of core office, retail and logistics assets in the UK.</p>
Malaysian Pension Fund Looks To Sell AUD325m Sydney Office Tower
2017-03-10T15:11:03-05:00https://www.thetrustedinsight.com/investment-news/malaysian-pension-fund-looks-to-sell-aud325m-sydney-office-tower-20170310378/
<p>Malaysia&rsquo;s second largest pension fund, Kumpulan Wang Persaraan Diperbadankan (KWAP), has put a Sydney office tower on the market.</p>
<p>The&nbsp;buidling&nbsp;at 20 Bridge Street is home to the Australian Securities Exchange (ASX) and has a price tag of at least AUD325m (&euro;232m).</p>
India: Scarcity Of Leased Office Space Sparks PE, Wealth Funds Investor Rush
2017-03-10T11:55:36-05:00https://www.thetrustedinsight.com/investment-news/india-scarcity-of-leased-office-space-sparks-pe-wealth-funds-investor-rush-20170310351/
Large property investors are scrambling to buy commercial towers where tenants have moved in, driving up the capital value of these buildings. &nbsp;Stiff competition among sovereign wealth funds and large private equity funds for scarce assets has pushed up the capital value of commercial properties at prime locations in Mumbai and Delhi by over 30% in the past five years.
Allianz Real Estate Invests In Munich Office Development
2017-03-08T14:46:03-05:00https://www.thetrustedinsight.com/investment-news/allianz-real-estate-invests-in-munich-office-development-20170308256/
German investor agrees to buy scheme due for completion in 2019.
Amid Insider Trading Allegations, SoftBank Eyes Commercial Real Estate
2017-03-08T14:41:24-05:00https://www.thetrustedinsight.com/investment-news/amid-insider-trading-allegations-softbank-eyes-commercial-real-estate-20170308254/
SoftBank&#39;s recent interest in WeWork and Fortress are two of the latest indications that commercial real estate has a place on the Japanese telecom giant&#39;s shopping list, despite SEC suspicions of illegal trading activity following the Fortress announcement.
Logistics Real Estate Attractive In APAC
2017-03-06T15:11:04-05:00https://www.thetrustedinsight.com/investment-news/logistics-real-estate-attractive-in-apac-20170306159/
Elysia Tse of LaSalle Investment Management says logistics properties offer a higher yield than office space.
Northwood Investors Nabs Charlotte’s Ballantyne Corporate Park
2017-03-06T10:35:07-05:00https://www.thetrustedinsight.com/investment-news/northwood-investors-nabs-charlottes-ballantyne-corporate-park-20170306118/
New York-based investment firm, Northwood Investors, has recently purchased the&nbsp;Ballantyne Corporate Park&nbsp;in Charlotte, N.C. The sale price was approximately $1 billion, but the company has not disclosed an official amount. Northwood acquired a portfolio of more than four million square feet of Class A office space and nearly 600 hotel rooms from locally based Bissell Cos.
The Praedium Group Acquires 2 Communities In Denver
2017-03-03T16:06:06-05:00https://www.thetrustedinsight.com/investment-news/the-praedium-group-acquires-2-communities-in-denver-20170303094/
The properties are Helios Apartments and Centennial Park.
Temasek-Owned Firm Invests In Tokyo Office, Retail Assets
2017-03-02T10:46:04-05:00https://www.thetrustedinsight.com/investment-news/temasek-owned-firm-invests-in-tokyo-office-retail-assets-20170302020/
Singapore-listed property investment company boosts Japanese portfolio
$550M Loan Earmarked For NYC Class A Office Refinancing
2017-02-24T16:01:06-05:00https://www.thetrustedinsight.com/investment-news/550m-loan-earmarked-for-nyc-class-a-office-refinancing-20170224880/
Civitas Capital worked on behalf of Brookfield Property Partners, the owner of the 1.7 million-square-foot tower at 200 Liberty St. in Lower Manhattan.
NGKF Closed $79M Sale Of Empire Towers I-IV
2017-02-24T15:51:06-05:00https://www.thetrustedinsight.com/investment-news/ngkf-closed-79m-sale-of-empire-towers-i-iv-20170224876/
The 400,976-square-foot office campus was built in 1991 to 2005 and renovations of the common areas were made between 2014 and 2016.
Real Estate Revamp Deals In Kolkata Sees 30% Surge In 3 Years
2017-02-24T15:36:06-05:00https://www.thetrustedinsight.com/investment-news/real-estate-revamp-deals-in-kolkata-sees-30-surge-in-3-years-20170224868/
Topping the list are Park Street, Robinson Street and the Short Street stretch, where parcels ranging from 15-20 kattha are available for around Rs 3 crore per kattha.
CapitaLand Buys $440 Mil Japan Portfolio Following Positive Q4
2017-02-22T17:40:11-05:00https://www.thetrustedinsight.com/investment-news/capitaland-buys-440-mil-japan-portfolio-following-positive-q4-20170222768/
Just days after the release of encouraging financial results for the fourth quarter, the retail wing of Singapore&rsquo;s largest property developer says it plans to spend JPY49.7 billion ($440.5 million) to add three office buildings and a shopping mall to...&nbsp;Read&nbsp;More&gt;&gt;
Warburg-HIH Sells Milan Office Building To Coima RES
2017-02-22T16:25:08-05:00https://www.thetrustedinsight.com/investment-news/warburg-hih-sells-milan-office-building-to-coima-res-20170222744/
<p>German fund manager Warburg-HIH Invest Real Estate has sold a Milan office to Spanish listed company&nbsp;Coima&nbsp;RES.</p>
Mercy Hints At Growth In Creve Coeur With Multiple-property Purchase
2017-02-17T16:40:10-05:00https://www.thetrustedinsight.com/investment-news/mercy-hints-at-growth-in-creve-coeur-with-multiple-property-purchase-20170217616/
Hospital buys two buildings and demolishes another.
Blackstone Sells Creative Office Building In LA
2017-02-17T16:20:11-05:00https://www.thetrustedinsight.com/investment-news/blackstone-sells-creative-office-building-in-la-20170217611/
4M Investment Corp. paid $36 million to acquire the five-story, Class A property in Universal City.
Singapore's CapitaLand To Acquire Office Buildings, Mall In Greater Tokyo
2017-02-17T16:10:11-05:00https://www.thetrustedinsight.com/investment-news/singapores-capitaland-to-acquire-office-buildings-mall-in-greater-tokyo-20170217608/
Singaporean real estate developer&nbsp;<a alt="003JZ3-E" class="mwMoTrg" href="http://asia.nikkei.com/Company/003JZ3-E" target="_self">CapitaLand</a>&nbsp;has announced plans to acquire four office and retail properties in Greater Tokyo for 51 billion yen ($449 million), including transaction costs, to strengthen its foothold in Japan.
Ardian To Buy Six Italian Real Estate Properties
2017-02-17T15:20:10-05:00https://www.thetrustedinsight.com/investment-news/ardian-to-buy-six-italian-real-estate-properties-20170217606/
Ardian has agreed to acquire six Italian real estate buildings owned by real estate fund Cloe, which is managed by Prelios SGT. No financial terms were disclosed.&nbsp;
Acuity, Partners Pick Up W’burg Office Building For $30M
2017-02-15T17:05:10-05:00https://www.thetrustedinsight.com/investment-news/acuity-partners-pick-up-wburg-office-building-for-30m-20170215513/
UPDATED, Feb. 13, 6:00 p.m.: A partnership led by Acuity Capital Partners bought a six-story office building in Williamsburg for $30 million, or $526 per square foot, the firm said Monday. The building at 185 Marcy Avenue spans 70,000 square feet. The YMCA built it in 1905 as rooming house. The seller is a trust controlled by the Gutman family, which had owned it for at least two decades, according to sources and records. The ... [more]
Trump Economic Plans May Benefit New York Real Estate
2017-02-15T16:57:02-05:00https://www.thetrustedinsight.com/investment-news/trump-economic-plans-may-benefit-new-york-real-estate-20170215510/
NEW YORK, Feb 14 (Reuters) - U.S. President Donald Trump&#39;s plans to cut financial services regulation, repatriate overseas corporate profits and increase infrastructure spending bode well for New York commercial real estate, a leading owner of city office space said on Tuesday.
California Investor Closes In On West Loop Apartments
2017-02-15T16:10:12-05:00https://www.thetrustedinsight.com/investment-news/california-investor-closes-in-on-west-loop-apartments-20170215500/
American Realty Advisors has agreed to buy the Madison at Racine, a 216-unit building that opened in 2014 and sits a few blocks from McDonald&#39;s future headquarters.
Residential, Commercial, Industrial Real Estate Trends In Line With 2016
2017-02-15T15:51:52-05:00https://www.thetrustedinsight.com/investment-news/residential-commercial-industrial-real-estate-trends-in-line-with-2016-20170215498/
Real estate trends across Long Beach&rsquo;s residential, commercial and industrial markets seem to be continuing in line with those of 2016. High demand and low supply of residential and industrial properties continue to drive increasing sales and rent prices. The office market continues to improve, and new retail developments are signaling that perhaps it&rsquo;s too soon to seek a post mortem on brick-and-mortar stores due to increasing online shopping trends.Both single-family and multi-family markets
Stockdale & Grosvenor JV Closes On SoMa Grand Garage For Approx. $17MM
2017-02-15T15:45:13-05:00https://www.thetrustedinsight.com/investment-news/stockdale-grosvenor-jv-closes-on-soma-grand-garage-for-approx-17mm-20170215496/
(EDITOR&rsquo;S NOTE: According to sources familiar with the details of the transaction, the sale closed for approximately $17 million.) SAN FRANCISCO, (February 13, 2017) &ndash; An institutional joint venture led by Los Angeles-based Stockdale Capital Partners has closed on the purchase of the 364-stall SOMA Grand Garage at 1160 Mission Street in San Francisco. The [&hellip;]The postStockdale &amp; Grosvenor JV Closes on SoMa Grand Garage for Approx. $17MMappeared first onThe Registry.
Rockpoint Completes $287.5M Purchase Of Alaska Permanent Asset
2017-02-10T14:25:07-05:00https://www.thetrustedinsight.com/investment-news/rockpoint-completes-2875m-purchase-of-alaska-permanent-asset-20170210377/
<p><span style="line-height: 15.6px;">Rockpoint Group has completed the acquisition of a San Francisco office building for $287.5m (&euro;271m), according to industry sources.</span></p>
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Astros Owner Buys West Palm Office Building For $6.5M, Plans Hotel
2017-02-10T14:20:12-05:00https://www.thetrustedinsight.com/investment-news/astros-owner-buys-west-palm-office-building-for-65m-plans-hotel-20170210376/
Houston Astros owner Jim Crane just paid $6.5 million for one of three buildings at the Forum, an office complex in West Palm Beach, with plans to redevelop it into a hotel. CBRE, which held the listing, said the tower will be converted into a 160-room hotel.&nbsp;
UC Regents Buy 4 San Diego Office Buildings For $83.5M
2017-02-10T14:18:48-05:00https://www.thetrustedinsight.com/investment-news/uc-regents-buy-4-san-diego-office-buildings-for-835m-20170210375/
The Oakland-based Regents of the University of California have acquired a four-building office portfolio in San Diego&rsquo;s Governor Park neighborhood for approximately $83.5 million, according to CoStar Group and public data.
C&W Arranges $104M Financing For NJ Office Campus Buy
2017-02-10T13:10:11-05:00https://www.thetrustedinsight.com/investment-news/cw-arranges-104m-financing-for-nj-office-campus-buy-20170210369/
An affiliate of Capital Commercial Investments Inc. has received $103.6 million in financing to acquire 1300, 1350 and 1400 Merrill Lynch Drive in Hopewell.
HFF Secures $13M Refi For Delaware Office Building
2017-02-09T13:15:12-05:00https://www.thetrustedinsight.com/investment-news/hff-secures-13m-refi-for-delaware-office-building-20170209330/
HFF recently announced that it has secured a $13 million refinancing for 1011 Centre Road, a 90,000-square-foot, Class A office building in Wilmington, Del. HFF Managing Director Ryan Ade and his team worked on behalf of Delle Donne &amp; Associates Inc. in placing a long-term, fixed-rate loan with a regional bank.
Israeli Firm Sells Miami Beach Office Building On 41st Street For $18M
2017-02-09T12:45:25-05:00https://www.thetrustedinsight.com/investment-news/israeli-firm-sells-miami-beach-office-building-on-41st-street-for-18m-20170209325/
The Israel-based Netz Group sold the Sheridan Center on 41st Street in Miami Beach for $17.85 million. Records show RMET Sheridan LLC purchased the office building, which marks&Acirc;&nbsp;a rare occurrence of property trading along 41st Street.&nbsp;
Talonvest Negotiates $28M Loan For San Diego Office Asset
2017-02-08T18:27:27-05:00https://www.thetrustedinsight.com/investment-news/talonvest-negotiates-28m-loan-for-san-diego-office-asset-20170208294/
Talonvest Capital Inc. has&nbsp;negotiated the funding of a $28 million bridge loan for the value-add acquisition of Summit Pointe in San Diego for Newport National Corp.&nbsp;The loan structure featured interest-only payments for the full three-year term, two one-year extension options and individual release provisions for maximum borrower flexibility.&nbsp;Talonvest negotiated the loan with Mesa West Capital.
Retail REIT Buys Pembroke Pines Shopping Centers From DRA Advisors For $163M
2017-02-06T18:13:26-05:00https://www.thetrustedinsight.com/investment-news/retail-reit-buys-pembroke-pines-shopping-centers-from-dra-advisors-for-163m-20170206200/
InvenTrust Properties Corp. paid about&nbsp;$163 million for two shopping centers in&nbsp;Pembroke Pines that are in the midst of expanding. Records show two affiliates of New York-based investment manager DRA Advisors sold Paraiso Parc and Westfork Plaza in a $98.94 million deal for Westfork, at&nbsp;15805-15999 Pines Boulevard, and a $64 million deal for Paraiso Parc, at 15701 and 15703 Pines Boulevard.&nbsp;
Sweden's Alecta Completes Sale Of US Real Estate Portfolio
2017-02-03T12:50:10-05:00https://www.thetrustedinsight.com/investment-news/swedens-alecta-completes-sale-of-us-real-estate-portfolio-20170203145/
<p>Sweden&rsquo;s largest occupational pension provider confirmed it&nbsp;has now sold its portfolio of 22 assets, worth around $1.8bn (&euro;1.67bn).</p>
Blackstone To Spend $500M Remaking Chicago’s Willis Tower
2017-02-03T12:39:14-05:00https://www.thetrustedinsight.com/investment-news/blackstone-to-spend-500m-remaking-chicagos-willis-tower-20170203143/
Blackstone Group LP said it plans to spend $500 million to revamp Chicago&#39;s Willis Tower as it tries to draw more tourists and office tenants to the country&#39;s second-tallest building.&nbsp;
Bixby Land Company Sells San Diego Office Building For $30M
2017-02-02T13:25:07-05:00https://www.thetrustedinsight.com/investment-news/bixby-land-company-sells-san-diego-office-building-for-30m-20170202106/
Bixby Land Company&nbsp;has sold&nbsp;AERO, a 92,463-square-foot office building at 9797 Aero Drive in San Diego, Calif. to AVID Center for $30.1 million, or $326 per square foot. The sale follows Bixby&#39;s inventive redesign of the building, a $5 million repositioning that transformed the project to meet the contemporary work environment needs of today&#39;s progressive companies.&nbsp;
Capital Square 1031 Lands NC Medical Building
2017-02-01T13:20:11-05:00https://www.thetrustedinsight.com/investment-news/capital-square-1031-lands-nc-medical-building-20170201060/
Capital Square 1031 recently announced that it has acquired a newly built, 8,200-square-foot medical office building in the Raleigh suburb of Louisburg, N.C. At the time of purchase, the property was 100 percent leased to an affiliate of Fresenius Medical Care, a provider of dialysis products and services. The asset was purchased on an all-cash basis as part of a Delaware statutory trust program.
Old Spaghetti Factory Building Sells For $10M
2017-02-01T13:05:09-05:00https://www.thetrustedinsight.com/investment-news/old-spaghetti-factory-building-sells-for-10m-20170201055/
<p>A New York commercial real estate firm has purchased downtown&rsquo;s Station Place office building at Georgia and Meridian streets for $10 million.</p>
HFF Secures $57M For Dallas Office Building
2017-02-01T12:55:07-05:00https://www.thetrustedinsight.com/investment-news/hff-secures-57m-for-dallas-office-building-20170201053/
HFF has announced its arrangement of&nbsp;$57.3 million in financing for the development of 3201 Dallas Parkway, a Class A office building that will be located within the HALL Park in Frisco, Texas. The new property is slated to come online in December of this year.
Seattle Office Development Commands $269M
2017-02-01T12:45:11-05:00https://www.thetrustedinsight.com/investment-news/seattle-office-development-commands-269m-20170201050/
A joint venture between RFR Holding and Tristar Capital has acquired Urban Union, a newly developed 290,647-square-foot, Class A office building in Seattle from Schnitzer West for $268.9 million.
TH Real Estate Acquires Town Square Las Vegas
2017-02-01T12:40:10-05:00https://www.thetrustedinsight.com/investment-news/th-real-estate-acquires-town-square-las-vegas-20170201049/
TH Real Estate has expanded its retail holdings in Las Vegas with the acquisition of an 85 percent share in Town Square Las Vegas, a 1.1 million-square-foot lifestyle center, along with minority stakeholder Fairbourne Partners.
TH Real Estate Buys Las Vegas Centre For US Mall Fund
2017-01-31T09:39:52-05:00https://www.thetrustedinsight.com/investment-news/th-real-estate-buys-las-vegas-centre-for-us-mall-fund-20170131991/
<p><a class="intextlink" href="http://hub.ipe.com/tiaa-henderson-real-estate-homepage/415586.supplier" rel="intextlink_0">TH Real Estate</a>&nbsp;has acquired an 85% interest in a Las Vegas retail centre for its US regional mall fund.</p>
Is Pamfleet Betting On A Retail Rebound With Reported HK$600 Kowloon Deal?
2017-01-31T09:35:07-05:00https://www.thetrustedinsight.com/investment-news/is-pamfleet-betting-on-a-retail-rebound-with-reported-hk600-kowloon-deal-20170131988/
Hong Kong real estate investment manager Pamfleet is said to have agreed to acquire a commercial building in Hong Kong&rsquo;s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million.